Former Pizza Hut

Retail: Mixed Use

408 N 12th / 1113 Chestnut, MurrayKY 42071

Property Details

Location

Address
408 N 12th / 1113 Chestnut, MurrayKY 42071
County
Calloway
Submarket
Parcels
006-0-0002-00001
In Opportunity Zone
Yes

Building Size

Building Size
Rentable Space
5,088 SF

Building Details

Type
 Retail: Mixed Use
Number of Buildings
2
Occupancy Type
Multi-tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
1
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.67 Acres
Land (SF)
29,185 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
B-2 HIGHWAY BUSINESS
Lot Depth
129 ft
Lot Width
248 ft

Contacts

Current Listings

Former Pizza Hut / Cash Express

5,088 SF$1,200,000
Stedelin Real Estate, LLC

One of Murray's Premier Corner Properties is Available! Two buildings situated on one approximately .68 acre parcel, one of which was formerly Pizza Hut and the other is Currently a Cash Express, this property has been an established restaurant location for over 40 years. Located at the intersection of 12th Street (US 641), which is a North-South Corridor connecting I-69 to the North and I-40 to the South, and Chestnut Street, a major artery entrance into Murray State University, this location has one of the highest traffic counts in Murray with excellent visibility from all directions. This property is centrally located in the heart of Murray between many of the retail stores, restaurants, established residential neighborhoods, Murray City Parks, and Murray State University. Zoned B-2 Highway Business.

Murray is located in Calloway County in the western part of the state with a county population of approximately 39,500 residents and home to Murray State University. Murray State University was founded in 1922 and is a 4 year state public university with undergraduate and graduate enrollment of approximately 9400 students.

Murray and Calloway County's largest employers include Murray State University, Murray Calloway County Hospital, Pella Windows, Saputo Dairy Products, DAE-IL Corporation, Vanderbilt Chemicals, Sportable Scoreboards, Kenlake Foods, Murray Mold and Die, iwis Engine Systems, TPG Plastics, as well as the Murray City Schools and Calloway County School System.

Murray and Calloway County is also home to a large portion of Kentucky Lake which combined with its proximity to Land Between the Lakes National Recreation Area attract many tourists throughout the year for hiking, camping, horseback riding, fishing, hunting, and boating.

Stedelin Real Estate, LLC

One of Murray's Premier Corner Properties is Available! Two buildings situated on one approximately .68 acre parcel, one of which was formerly Pizza Hut and the other is Currently a Cash Express, this property has been an established restaurant location for over 40 years. Located at the intersection of 12th Street (US 641), which is a North-South Corridor connecting I-69 to the North and I-40 to the South, and Chestnut Street, a major artery entrance into Murray State University, this location has one of the highest traffic counts in Murray with excellent visibility from all directions. This property is centrally located in the heart of Murray between many of the retail stores, restaurants, established residential neighborhoods, Murray City Parks, and Murray State University. Zoned B-2 Highway Business.

Murray is located in Calloway County in the western part of the state with a county population of approximately 39,500 residents and home to Murray State University. Murray State University was founded in 1922 and is a 4 year state public university with undergraduate and graduate enrollment of approximately 9400 students.

Murray and Calloway County's largest employers include Murray State University, Murray Calloway County Hospital, Pella Windows, Saputo Dairy Products, DAE-IL Corporation, Vanderbilt Chemicals, Sportable Scoreboards, Kenlake Foods, Murray Mold and Die, iwis Engine Systems, TPG Plastics, as well as the Murray City Schools and Calloway County School System.

Murray and Calloway County is also home to a large portion of Kentucky Lake which combined with its proximity to Land Between the Lakes National Recreation Area attract many tourists throughout the year for hiking, camping, horseback riding, fishing, hunting, and boating.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: KCREA

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